Governance

Always aligned with stakeholders’ interests, Agribrasil heavily invests and strongly encourages corporate governance, in order to achieve best market practices in all processes, bringing utmost transparency to the business. The company is responsible also for the risk management and logistics chain, having a highly specialized team with extensive experience in Brazilian agribusiness and in international grains trade.

All operations and transactions are submitted, recorded, controlled and tracked through an ERP system. They are subject to a risk and V@R (value-at-risk) management and daily monitoring.

Financial statements are audited by EY (Ernst & Young) since first year, and the company is associated to ANEC (Associação Nacional dos Exportadores de Cereais), a local entity of cereal exporters, acting in accordance with the Soy Moratorium.

OFFICERS

Name
Fred Humberg CEO & IRO*

Mr. Humberg has a degree in Business Administration from Universidade Presbiteriana Mackenzie (São Paulo, SP) with emphasis on Foreign Trade and has a commodities specialization from Harvard University and IMD. He has a hybrid experience as an executive and entrepreneur. As an executive, he has held C-Level positions in large multinational companies such as Gavilon, Bunge and Glencore. As an entrepreneur, he has founded several companies: in agribusiness, he founded the company Agriservice LTDA in 2006, later acquired by Gavilon LLC in 2011, which recorded R$ 4 billion sales in 2016; in the logistics sector, he built partnerships at the TERLOGS port terminal in 2003, the TGSC terminal in 2009 and The Port of Ilhéus in 2011.

Ney Sousa CFO*

Mr. Sousa has a bachelor’s degree in Accounting from Universidade Moura Lacerda in Ribeirão Preto – SP with a postgraduate degree in Business Management from the Fundação Getúlio Vargas in Rio de Janeiro – RJ. He has extensive experience in strategic financial planning, mergers and acquisitions, accounting, and taxes, with an emphasis on controllership and ERP systems management. With over 30 years of experience, he has worked for national and multinational companies such as Cargill, Gavilon, ECTP, Serasa, UHG, among others.

Pedro Salles CCO

Mr. Salles has a degree in Industrial Engineering from the Universidade Presbiteriana Mackenzie – SP. He has more than 10 years of commercial experience, among which he has played roles as a trader and manager in national and multinational companies such as Cosan, Delta Trading, Copersucar, and Gavilon.

Acauã Sena Origination Director

Mr. Sena graduated in Economics in the Pontifícia Universidade Católica of São Paulo – SP. In his professional career, he has more than 7 years of experience with Origination, being responsible for leading operations at Gavilon for 4 years.

Rodrigo Bicarato Export Director

Mr. Bicarato has a bachelor’s degree in Business Administration from the Universidade Presbiteriana Mackenzie – SP and an MBA in Finance from Fundação Getúlio Vargas – SP. He has more than 10 years of commercial and export experience, working in national and international companies such as Agriservice, Gavilon, and Archer Daniels Midland.

(*) Statutory Officers

BOARD OF DIRECTORS

Name
Fred Humberg Chairman

Mr. Humberg has a degree in Business Administration from Universidade Presbiteriana Mackenzie (São Paulo, SP) with emphasis on Foreign Trade and has a commodities specialization from Harvard University and IMD. He has a hybrid experience as an executive and entrepreneur. As an executive, he has held C-Level positions in large multinational companies such as Gavilon, Bunge and Glencore. As an entrepreneur, he has founded several companies: in agribusiness, he founded the company Agriservice LTDA in 2006, later acquired by Gavilon LLC in 2011, which recorded R$ 4 billion sales in 2016; in the logistics sector, he built partnerships at the TERLOGS port terminal in 2003, the TGSC terminal in 2009 and The Port of Ilhéus in 2011.

Stephane Frappat Independent Member

Mr. Frappat is a graduate of the Institut d’Etudes Politiques de Bordeaux (France). As an executive, Stephane led the transformation of Sodrugestvo from a Russian food importer and distributor to a US$ 3 billion company present on 5 continents, including oilseed factories in Russia, Brazil and in the United States. He worked in the sale of minority interests in the Company to IFC and Mitsui and in the construction of an internationally recognized management team.

Paulo Humberg Independent Member

Mr. Humberg has a degree in Marketing from Escola Superior de Propaganda e Marketing – SP. He has extensive experience on the internet and e-commerce segment. In 1995, he founded Shoptime, the first e-commerce in Brazil. Since then, he has undertaken several businesses, founding companies such as Lokau, iBest and Brandsclub. In 2004, he founded a technology investment company which in 2019, after the merger with Inseed, became the KPTL Asset Manager. KPTL has 30 years of experience in technology, more than 55 active investments and 12 exits with an average IRR of 25%. Currently, Mr. Humberg is the Board Chairman of the Asset Manager.